Tag Archives: debt

The global economy is on fire due to government Water Fountain Economics. Leaders from around the world continue to push for more government spending with hope that it will stem the flow of a sinking economic situation and put the fire out. One of those world leaders is, France’s newly elected President Francois Hollande, who… Read More »

Winning The Future, anyone remember that one? That was President Obama’s scheme to rebuild the American economy on among other things, high speed rail. In his 2011 State of the Union address he said, “This is our generation’s Sputnik moment. … The third step in winning the future is rebuilding America. To attract new businesses… Read More »

In terms of national debt as a percentage of Gross Domestic Product (GDP), the answer is “YES!” How, you ask, do I arrive at that answer? Well, let’s examine the debt as a percentage of GDP in Portugal, Ireland, Greece, and Spain (PIGS), as well as in the US. First, let’s examine the debt as… Read More »

When obama uttered the words “the private sector is doing fine” speculation ran rampant, declarations occurred and questions abounded. Obedient spokes-fools within the “progressive” Party Pravda remained largely mum, dutifully neglecting or downplaying the story. Conservatives pounced on the statement, speculating aggressively about obama’s lack of perceptive abilities while declaring it to be the biggest… Read More »

The Tea Party sparked Conservative wave that swept most of the United States in 2010 was a contributing factor in many races, including the elections of Scott Walker, Rebecca Kleefisch and a Republican legislative majority in Wisconsin. Governor Walker and his fiscally Conservative allies in the State House set about enacting the reforms they promised… Read More »

New York Times columnist and economist Paul Krugman thinks Barack Obama is an “anti-Keynesian” when it comes to economic matters. video platform video management video solutions video player PAUL KRUGMAN: Can I just say, on the Reagan thing, if public-sector employment had continued to expand the way it did during Reagan’s first term, instead… Read More »

Is a ceiling a ceiling if you continue sealing another dealing of that ceiling? It is quite misleading and frankly steeling, yielding a revolting feeling. That a ceiling can’t be a ceiling if it’s concealing a faults dichotomy. Faults bottoms have rock limits, but “the sky is the limit” is no economy.

In a new book entitled “It’s Even Worse Than It Looks”, author Norman Ornstein (described by Yahoo News, a card carrying member of the “progressive” Party Pravda, as a “scholar”), blames Republican for governance problems in Washington DC. Although Ornstein, shows a flicker of willingness to lay part of the blame at the feet of… Read More »

Facebook Inc.’s $16 billion initial public offering has made Mark Zuckerberg the 29th richest carbon based life form on Earth. Facebook provides entertainment and a fun way to spend your leisure time. America should love Zuckerberg. Whatever happens, do not ever criticize him for not paying his fair share of taxes…he’s cool in the administration’s… Read More »

It is starting to get quite embarrassing for the Obama administration. They’re trailing Romney in the polls, they’ve lost the edge with women, and his 2013 budget went down in flames in the Senate today with a final vote tally of 99-0. In the words of Sen. Minority Leader Mitch McConnell, “there’s no education in the… Read More »

Government trustees report this week reveal that Social Security and Medicare will run out of money sooner than expected. Medicare is looking at a shortage beginning 2024 but Social Security for Disabled (SSI) will be out of funds just around the corner in 2016. All agree that by 2030 there will only be enough money… Read More »

The austerity express may have already left the station in Greece but the pain train bringing massive fiscal cutbacks arrived in even greater force in Spain this past week. Unsurprisingly, austerity is just about as popular in Spain as it was in Greece – inciting violence, riots and general strikes in Barcelona and other major… Read More »